Canada remains key US partner, says Prime Minister Carney at Toronto summit

Mark Carney, former governor of the Bank of Canada and current United Nations special envoy on climate finance, addressed participants at a two‑day Investment Summit in Toronto on Tuesday, emphasizing the need for Canada to broaden its investment base. Speaking to a gathering of domestic and international investors, Carney highlighted the country’s strategic push to attract capital across emerging sectors such as clean technology, renewable energy, and advanced manufacturing, positioning these industries as central to Canada’s long‑term economic resilience.

The summit, organized by the federal government in partnership with provincial authorities and private‑sector groups, aims to showcase opportunities that align with Canada’s diversification agenda and to facilitate new inflows of foreign direct investment. Organizers noted that recent policy measures—including tax incentives for green projects and streamlined regulatory processes—are intended to make the market more accessible to global investors. Carney’s remarks underscored the importance of coordinated public‑private collaboration to meet the country’s growth targets while maintaining fiscal prudence, concluding that sustained investment will be pivotal to Canada’s economic future.